Ather Energy IPO Details
IPO Open Date: | 2025 |
IPO Close Date: | 2025 |
Face Value: | ₹1 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] Per Share |
Issue Size: | Approx ₹[.] Crores |
Fresh Issue: | Approx ₹3,100 Crores |
Offer for Sale: | Approx [.] Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 10% |
QIB Quota: | Not more than 75% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Ather Energy IPO Market Lot
The Ather Energy IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 13 | – | ₹- |
S-HNI Minimum | 14 | – | ₹- |
B-HNI Minimum | 68 | – | ₹- |
Ather Energy IPO Dates
The Ather Energy IPO date is 2025 and the close date is 2025. The Ather Energy IPO allotment will be finalized on 2025 and the IPO listing on 2025.
IPO Open Date: | 2025 |
IPO Close Date: | 2025 |
Basis of Allotment: | 2025 |
Refunds: | 2025 |
Credit to Demat Account: | 2025 |
IPO Listing Date: | 2025 |
Promoters of Ather Energy IPO
The promoters of the company are Tarun Sanjay Mehta, Swapnil Babanlal Jain And Hero Motocorp Limited.
About Ather Energy IPO
Ather Energy is a top player in India’s electric two-wheeler (E2W) market. The company creates electric scooters, battery packs, charging stations, and related software and accessories. It’s known for its innovation and leadership in electric mobility. It has a business of designing battery packs, charging infrastructure, associated software, and accessories. Ather is an all-electric vehicle company that designs all its products in India, showing its focus on local innovation and sustainability they have a focus on manufacturing battery packs and assembling E2Ws in-house and it ensures focus on quality and creativity. It is the first firm to sell two-wheeler (2W) OEM in India to establish a fast-charging network, branded as the Ather Grid and till now it has sold 1,09,577.
Ather Energy IPO Company Financial Report
The company reported revenue of ₹1,789.1 crores in 2024 against ₹1,801.8 crore in 2023. The company reported loss of ₹8,63.9 crores in 2024 against loss of ₹1,062.3 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹413.8 | ₹757.9 | ₹344.6 | ₹818.6 |
2023 | ₹1,801.8 | ₹2,666.3 | ₹863.9 | ₹1,976.8 |
2024 | ₹1,789.1 | ₹2,674.2 | ₹1,062.3 | ₹1,913.5 |
Ather Energy IPO Valuation – FY2024
Check Ather Energy IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | –1.83% |
ROCE: | -118.68% |
EBITDA Margin: | -36% |
PAT Margin: | -59% |
Debt to equity ratio: | 0.88 |
Earning Per Share (EPS): | –₹47 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | -194% |
Net Asset Value (NAV): | ₹24 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Hero MotoCorp Limited | 187 | 30 | 21% | 884 | 37,788.6 Cr. |
Bajaj Auto Limited | 273 | 40 | 29% | 935 | 44,870.4 Cr. |
Ola Electric Mobility Limited | (4) | NA | (78%) | 6 | 5,009.8 Cr. |
TVS Motors Limited | 36 | 78 | 26% | 143 | 39,144.7 Cr. |
Eicher Motors Limited | 146 | 33 | 22% | 657 | 16,535.8 Cr. |
Objects of the Issue
- Capital expenditure to be incurred by our Company for establishment of an E2W factory in Maharashtra, India;
- Repayment/ pre-payment, in full or part, of certain borrowings availed by our Company;
- Investment in research and development;
- Expenditure towards marketing initiatives; and
- General corporate purposes
Ather Energy IPO Review
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Ather Energy IPO Registrar
Link Intime India Private Limited
Phone: +91 81 0811 4949
E-mail: atherenergy.ipo@linkintime.co.in
Website: https://www.linkintime.co.in/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Axis Capital Limited
- HSBC Securities and Capital Markets (India) Private Limited
- JM Financial Limited
- Nomura Financial Advisory and Securities (India) Private Limited
Company Address
Ather Energy Limited
3rd Floor, Tower D, IBC Knowledge Park,
#4/1 Bannerghatta Main Road,
Bangalore 560 029,
Karnataka, India
Phone: +91 80 6646 5750
Email: cs@atherenergy.com
Website: www.atherenergy.com
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Note: The Ather Energy IPO price band and date are officially announced. The (Ather Energy IPO grey market premium) will be added to the IPO GMP page as it will start).